{"id":40645,"date":"2026-03-12T00:45:32","date_gmt":"2026-03-12T00:45:32","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c%ec%9d%98-%eb%b0%94%eb%8d%b0%eb%a5%b4-%ec%95%8c-%ec%82%ac%eb%9d%bc%ed%94%84%eb%8a%94-%ec%9d%b4%ec%a7%91%ed%8a%b8-%ec%a4%91%ec%95%99\/"},"modified":"2026-03-12T00:45:32","modified_gmt":"2026-03-12T00:45:32","slug":"%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c%ec%9d%98-%eb%b0%94%eb%8d%b0%eb%a5%b4-%ec%95%8c-%ec%82%ac%eb%9d%bc%ed%94%84%eb%8a%94-%ec%9d%b4%ec%a7%91%ed%8a%b8-%ec%a4%91%ec%95%99","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c%ec%9d%98-%eb%b0%94%eb%8d%b0%eb%a5%b4-%ec%95%8c-%ec%82%ac%eb%9d%bc%ed%94%84%eb%8a%94-%ec%9d%b4%ec%a7%91%ed%8a%b8-%ec%a4%91%ec%95%99\/","title":{"rendered":"\uc2a4\ud0e0\ub2e4\ub4dc\ucc28\ud0c0\ub4dc\uc758 \ubc14\ub370\ub974 \uc54c \uc0ac\ub77c\ud504\ub294 \uc774\uc9d1\ud2b8 \uc911\uc559\uc740\ud589\uc774 2026\ud68c\uacc4\uc5f0\ub3c4\uae4c\uc9c0 \uae08\ub9ac\ub97c 19%\ub85c \ub3d9\uacb0\ud55c \ub4a4, 2026\ub144 \ub9d0\uae4c\uc9c0 13%\ub85c \uc778\ud558\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4."},"content":{"rendered":"\uc2a4\ud0e0\ub2e4\ub4dc\ucc28\ud0c0\ub4dc\ub294 \uc774\uc81c \uc774\uc9d1\ud2b8 \uc911\uc559\uc740\ud589(Central Bank of Egypt)\uc774 FY26(6\uc6d4 \uc885\ub8cc) \ub0a8\uc740 \uae30\uac04 \ub3d9\uc548 \uc815\ucc45\uae08\ub9ac(central bank policy rate, \uc911\uc559\uc740\ud589\uc774 \uc815\ud558\ub294 \uae30\uc900 \uae08\ub9ac)\ub97c 19%\ub85c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ub2e8\uae30\uac04 \ub0b4 \uae08\ub9ac \uc778\ud558(easing, \uae30\uc900\uae08\ub9ac\ub97c \ub0b4\ub9ac\ub294 \uac83)\uc5d0 \ub300\ud55c \uae30\uc874 \uc608\uc0c1\uc774 \ub2a6\ucdb0\uc84c\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4. \ub2e4\ub9cc \uc740\ud589\uc740 2026\ub144 \ub9d0\uae4c\uc9c0 \uc815\ucc45\uae08\ub9ac\uac00 13%\uac00 \ub420 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc740 \uc720\uc9c0\ud558\uba70, \uc5ec\uac74\uc774 \uc548\uc815\ub418\uba74 2026\ub144 \ud6c4\ubc18\uc5d0 \uae08\ub9ac \uc778\ud558\uac00 \ub2e4\uc2dc \uc2dc\uc791\ub420 \uc218 \uc788\ub2e4\uace0 \ubd05\ub2c8\ub2e4.\n\n\uc778\ud50c\ub808\uc774\uc158(inflation, \uc804\ubc18\uc801\uc778 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \ud604\uc0c1)\uc774 \ub2e4\uc2dc \uc62c\ub77c\uc654\uace0, \uc5f0\ub8cc \uac00\uaca9 \uc778\uc0c1(fuel price rises, \uae30\ub984\uac12 \uc778\uc0c1)\uc774 \uc55e\uc73c\ub85c \uba87 \ub2ec \ub3d9\uc548 \uc6b4\uc1a1\ube44(transport costs)\uc640 \uc0dd\uc0b0\ube44(production costs, \ubb3c\uac74\uc744 \ub9cc\ub4dc\ub294 \ub370 \ub4dc\ub294 \ube44\uc6a9)\ub85c \ud37c\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc774\ub294 \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uc624\ub97c \uc704\ud5d8(\uc0c1\ubc29 \uc11c\ud504\ub77c\uc774\uc988)\uacfc \uae08\uc735 \uc5ec\uac74(financial conditions, \ub300\ucd9c\u00b7\uae08\ub9ac\u00b7\uc790\uae08\uc870\ub2ec \ud658\uacbd)\uc774 \ub354 \ube61\ube61\ud574\uc9c8 \uac00\ub2a5\uc131\uc744 \ub192\uc785\ub2c8\ub2e4.\n\n

\uc774\uc9d1\ud2b8 \ud30c\uc6b4\ub4dc \uc555\ubc15 \ud655\ub300<\/h3>\n\uc774\uc9d1\ud2b8 \ud30c\uc6b4\ub4dc(Egyptian pound, \uc774\uc9d1\ud2b8\uc758 \ud1b5\ud654)\ub294 \ub2e4\uc2dc \uc555\ubc15\uc744 \ubc1b\uace0 \uc788\uc73c\uba70, \ucd5c\uadfc USD\/EGP(\ubbf8\uad6d \ub2ec\ub7ec\/\uc774\uc9d1\ud2b8 \ud30c\uc6b4\ub4dc \ud658\uc728)\uac00 \uacf5\uc2dd \uc2dc\uc7a5\uc5d0\uc11c \uae30\ub85d\uc801 \uc800\uc810 \uc218\uc900\uc778 53 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uc790\uae08 \uc720\ucd9c(portfolio outflows, \uc678\uad6d\uc778 \ub4f1\uc774 \uc8fc\uc2dd\u00b7\ucc44\uad8c \ub4f1 \ud22c\uc790\uc790\uae08\uc744 \ube7c\uac00\ub294 \uac83)\ub3c4 \ubd80\ub2f4\uc744 \ud0a4\uc6e0\uc2b5\ub2c8\ub2e4.\n\n\ub3d9\uc2dc\uc5d0 \uc678\ud658 \uc720\ub3d9\uc131(foreign exchange liquidity, \ub2ec\ub7ec \uac19\uc740 \uc678\ud654\uac00 \uc2dc\uc7a5\uc5d0 \uc5bc\ub9c8\ub098 \uc6d0\ud65c\ud788 \uacf5\uae09\ub418\ub294\uc9c0) \uac1c\uc120\uacfc \uc21c\uc678\ud654\uc790\uc0b0(net foreign assets, \ub300\uc678 \uc790\uc0b0\uc5d0\uc11c \ub300\uc678 \ubd80\ucc44\ub97c \ube80 \uac12) \uac1c\uc120\uc774 \uc678\ud658(FX, \uc678\ud658\/\ud658\uc728) \uc2dc\uc7a5\uc744 \uc548\uc815\uc2dc\ud0a4\ub294 \uc694\uc778\uc73c\ub85c \uc5b8\uae09\ub429\ub2c8\ub2e4. \uc774\ub7f0 \uc644\ucda9 \uc7a5\uce58(buffers, \ucda9\uaca9\uc744 \ud761\uc218\ud558\ub294 \uc5ec\ub825)\ub294 \uc790\uae08 \uc720\ucd9c\uc744 \ud761\uc218\ud558\uace0 2026\ub144 \ud6c4\ubc18\uc758 \ucd94\uac00 \uae08\ub9ac \uc778\ud558\ub97c \ub4b7\ubc1b\uce68\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774\uc9d1\ud2b8 \uc911\uc559\uc740\ud589\uc740 6\uc6d4\ub85c \ub05d\ub098\ub294 \ud68c\uacc4\uc5f0\ub3c4(fiscal year, \uc815\ubd80\u00b7\uae30\uad00\uc774 \uc4f0\ub294 \ud68c\uacc4\uc0c1 1\ub144) \ub3d9\uc548 \uc815\ucc45\uae08\ub9ac\ub97c 19%\ub85c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc774\ub294 \uac00\uae4c\uc6b4 \uc2dc\uc810\uc758 \uae08\ub9ac \uc778\ud558\ub97c \uae30\ub300\ud588\ub358 \uc0ac\ub78c\ub4e4\uc5d0\uac8c \uc911\uc694\ud55c \ubcc0\ud654\uc785\ub2c8\ub2e4. \uace7\ubc14\ub85c \uc644\ud654\uac00 \uc62c \uac83\uc774\ub77c\ub294 \uc608\uc0c1\uc740 \ub9de\uc9c0 \uc54a\uc744 \uac00\ub2a5\uc131\uc774 \ucee4\uc84c\uace0, \uc55e\uc73c\ub85c \uba87 \uc8fc \uc548\uc5d0 \ub2e4\uc2dc \ud310\ub2e8\ud574\uc57c \ud569\ub2c8\ub2e4.\n\n\uc774 \uc815\ucc45 \ub3d9\uacb0(pause, \ub2f9\ubd84\uac04 \ubc14\uafb8\uc9c0 \uc54a\uace0 \uc720\uc9c0\ud558\ub294 \uac83)\uc758 \uac00\uc7a5 \ud070 \uc774\uc720\ub294 \ubb3c\uac00 \ubc18\ub4f1\uc785\ub2c8\ub2e4. CAPMAS(\uc911\uc559\ud1b5\uacc4\uccad \uc131\uaca9\uc758 \uc774\uc9d1\ud2b8 \ud1b5\uacc4\uae30\uad00)\uac00 \ubc1c\ud45c\ud55c \ucd5c\uadfc \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 2\uc6d4 \ub3c4\uc2dc \uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960(annual urban inflation, \ub3c4\uc2dc \uc9c0\uc5ed\uc758 1\ub144 \uc804 \ub300\ube44 \ubb3c\uac00 \uc0c1\uc2b9\ub960)\uc774 36.5%\ub85c \uc62c\ub77c, 2025\ub144 \ub300\ubd80\ubd84 \uae30\uac04 \ubcf4\uc600\ub358 \ud558\ub77d \ud750\ub984\uc744 \ub418\ub3cc\ub838\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uc608\uc0c1 \ubc16\uc758 \uc0c1\uc2b9\uc740 \uc9c0\uae08 \ub2f9\uc7a5 \uae08\ub9ac\ub97c \ub0b4\ub9ac\uae30 \uc5b4\ub835\uac8c \ub9cc\ub4ed\ub2c8\ub2e4.\n\n

\uae08\ub9ac\uc640 \ud658\uc728\uc5d0 \ub300\ud55c \ud2b8\ub808\uc774\ub529 \uc2dc\uc0ac\uc810<\/h3>\n\uc774\ubc88 \uc8fc \uc774\uc9d1\ud2b8 \ud30c\uc6b4\ub4dc\ub294 \ub2ec\ub7ec \ub300\ube44 53\uc744 \ub118\uc5b4\uc11c\uba70 \uc57d\uc138\uac00 \uc774\uc5b4\uc84c\uc2b5\ub2c8\ub2e4. \uc774\ub294 2025\ub144 \ucd08 \ud070 \ud3c9\uac00\uc808\ud558(major devaluation, \ud1b5\ud654 \uac00\uce58\uac00 \ud55c \ubc88\uc5d0 \ud06c\uac8c \ub5a8\uc5b4\uc9c0\ub294 \uac83) \uc774\ud6c4\uc758 \uc800\uc810\uacfc \ube44\uc2b7\ud55c \uc911\uc694\ud55c \uad6c\uac04\uc785\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub354(trader, \ub2e8\uae30 \ub9e4\ub9e4\ub97c \ud558\ub294 \uc0ac\ub78c) \uc785\uc7a5\uc5d0\uc11c\ub294 \uc774 \uc57d\uc138\uac00 \uacbd\uacc4 \uc2ec\ub9ac\ub97c \uac15\ud654\ud558\uba70, \ub2e8\uae30\uc801\uc73c\ub85c EGP \uc57d\uc138 \ucabd\uc5d0 \ubca0\ud305(\ub9e4\ub9e4 \ud3ec\uc9c0\uc158\uc744 \uc7a1\ub294 \uac83)\ud558\ub294 \uc804\ub7b5\uc774 \uacc4\uc18d \uc720\ub9ac\ud560 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.\n\n\ubd88\ud655\uc2e4\uc131\uc774 \ud070 \ub9cc\ud07c, \uc635\uc158(options, \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc5d0 \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \uc804\ub7b5 \uc911 \uc2a4\ud2b8\ub798\ub4e4(straddle, \uac19\uc740 \ud589\uc0ac\uac00\uaca9\uc73c\ub85c \ucf5c\u00b7\ud48b\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uc11c \uc704\uc544\ub798 \ud070 \ubcc0\ub3d9\uc5d0\uc11c \uc774\uc775\uc744 \ub178\ub9ac\ub294 \ubc29\ubc95)\ub85c USD\/EGP\uc758 \ubcc0\ub3d9\uc131(volatility, \uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc744 \ub9e4\uc218\ud558\ub294 \uc811\uadfc\uc774 \ud0c0\ub2f9\ud569\ub2c8\ub2e4. \uc774\ub294 \ud1b5\ud654\uac00 \uc548\uc815\ub420\uc9c0 \ub354 \uc57d\ud574\uc9c8\uc9c0 \ubc29\ud5a5\uc744 \ub9de\ud788\uc9c0 \uc54a\uc544\ub3c4, \uc5b4\ub290 \ucabd\uc774\ub4e0 \ud06c\uac8c \uc6c0\uc9c1\uc774\uba74 \uc218\uc775 \uae30\ud68c\ub97c \uc5bb\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c \uc9c0\ub09c 4\uc8fc \ub3d9\uc548 \uc57d 12\uc5b5 \ub2ec\ub7ec\uc758 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uc790\uae08 \uc720\ucd9c\uc774 \ucd94\uc815\ub418\uba70, \uc774\ub294 \uc2dc\uc7a5 \ubcc0\ub3d9\uc744 \uacc4\uc18d \ud0a4\uc6b8 \uac00\ub2a5\uc131\uc774 \ud07d\ub2c8\ub2e4.\n\n\uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488(interest rate derivatives, \uae08\ub9ac \uc6c0\uc9c1\uc784\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uacc4\uc57d) \ud2b8\ub808\uc774\ub354\ub294 \ud5a5\ud6c4 \uba87 \ub2ec\uc744 \u201c\ub192\uc740 \uae08\ub9ac\uc758 \uc7a5\uae30\ud654(higher-for-longer, \uae08\ub9ac\uac00 \uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\uace0 \uc624\ub798 \ub192\uc740 \uc0c1\ud0dc)\u201d\ub85c \ubcf4\uace0 \ud3ec\uc9c0\uc158\uc744 \uc870\uc815\ud560 \ud544\uc694\uac00 \uc788\uc2b5\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ub2e8\uae30 \uae08\ub9ac\uc120\ubb3c(interest rate futures, \ubbf8\ub798\uc758 \uae08\ub9ac \uc218\uc900\uc5d0 \ubca0\ud305\ud558\ub294 \ud45c\uc900\ud654 \uacc4\uc57d)\uc744 \ub9e4\ub3c4\ud558\uac70\ub098, \ud398\uc774\uc5b4 \uc2a4\uc651(payer swap, \uace0\uc815\uae08\ub9ac\ub97c \ub0b4\uace0 \ubcc0\ub3d9\uae08\ub9ac\ub97c \ubc1b\ub294 \uc2a4\uc651\uc73c\ub85c \uae08\ub9ac \uc0c1\uc2b9\/\uace0\uae08\ub9ac \uc9c0\uc18d\uc5d0 \uc720\ub9ac)\uc73c\ub85c \uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc5d0 \uba38\ubb38\ub2e4\ub294 \ucabd\uc5d0 \ubca0\ud305\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ube60\ub974\uac8c \uc644\ud654\ub85c \ub3cc\uc544\uac08 \uac83\uc774\ub77c\ub294 \uae30\uc874 \uc2dc\uc7a5 \ud569\uc758(consensus, \ub2e4\uc218\uac00 \uacf5\uc720\ud55c \uc804\ub9dd)\ub294 \ucd5c\uc18c\ud55c \uc62c\ud574 \ud558\ubc18\uae30\uae4c\uc9c0\ub294 \uc5b4\ub835\uc2b5\ub2c8\ub2e4.\n\n\uc7a5\uae30\uc801\uc73c\ub85c\ub294 2026\ub144 \ub9d0 13%\uae4c\uc9c0 \uae08\ub9ac\uac00 \ub0b4\ub824\uac08 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc774 \ub0a8\uc544 \uc788\uc9c0\ub9cc, \ub2f9\uc7a5\uc740 \uc0c1\ub2f9\ud788 \uba40\uac8c \ub290\uaef4\uc9d1\ub2c8\ub2e4. \ub2f9\uc7a5\uc758 \ucd08\uc810\uc740 \uc778\ud50c\ub808\uc774\uc158\uacfc \ucd5c\uadfc \uc5f0\ub8cc \uac00\uaca9 \uc778\uc0c1\uc73c\ub85c \uc778\ud574 \uc9c0\uc18d\ub418\ub294 \uae34\ucd95\uc801 \uae08\uc735 \uc5ec\uac74(\uc790\uae08 \uc870\ub2ec\uc774 \uc5b4\ub835\uace0 \ube44\uc2fc \ud658\uacbd)\uc5d0 \uc788\uc5b4\uc57c \ud569\ub2c8\ub2e4. \uc774\ub7f0 \uc694\uc778\uc774 \uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \uc2dc\uc7a5 \uc2ec\ub9ac\ub97c \uc88c\uc6b0\ud560 \uac00\ub2a5\uc131\uc774 \ud07d\ub2c8\ub2e4.\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\uc774\uc9d1\ud2b8 \uae08\ub9ac \u2018\uc778\ud558 \uae30\ub300\u2019 \ub05d? SC\ub294 \uc774\uc9d1\ud2b8\uc911\uc559\uc740\ud589\uc774 FY26 \ub0b4\ub0b4 19% \ub3d9\uacb0 \uc804\ub9dd. \uc778\ud50c\ub808 \uc7ac\uc0c1\uc2b9\u00b7\uc5f0\ub8cc\ube44 \uc804\uac00, EGP \uc57d\uc138\u00b7\uc790\uae08\uc720\ucd9c\ub85c \ubcc0\ub3d9\uc131 \ud655\ub300. 2026\ub144 \ud6c4\ubc18 \uc644\ud654 \uc7ac\uac1c \uac00\ub2a5, \uc5f0\ub9d0 13% \ubaa9\ud45c. – vtmarkets.com<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-40645","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40645"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40645\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}